SALES (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Contract Liabilities

Our contract liabilities consisted of the following ($ in millions):

	June 30, 2023		December 31, 2022
Deferred revenue - current	$	495.4	$	509.6
Deferred revenue - noncurrent	41.5		38.0
Total contract liabilities	$	536.9	$	547.6

Schedule of Remaining Performance Obligations

The aggregate remaining performance obligations attributable to each of our segments is as follows ($ in millions):

	June 30, 2023
Intelligent Operating Solutions	$	565.8
Precision Technologies	54.7
Advanced Healthcare Solutions	58.4
Total remaining performance obligations	$	678.9

Schedule of Disaggregation of Revenue

Disaggregation of revenue for the three-month period ended June 30, 2023 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,290.8	$	546.4	$	481.0	$	263.4
Sales of services	235.6		106.7		56.4		72.5
Total	$	1,526.4	$	653.1	$	537.4	$	335.9
Geographic:
United States	$	827.8	$	362.0	$	273.2	$	192.6
China	178.9		58.6		94.1		26.2
All other (each country individually less than 5% of total sales)	519.7		232.5		170.1		117.1
Total	$	1,526.4	$	653.1	$	537.4	$	335.9
End markets:(a)
Direct sales:
Healthcare	$	359.6	$	11.6	$	35.3	$	312.7
Industrial & Manufacturing	357.8		232.6		117.8		7.4
Utilities & Power	104.6		46.3		58.3		—
Government	132.9		77.2		47.0		8.7
Communications, Electronics & Semiconductor	97.4		23.3		73.4		0.7
Aerospace & Defense	76.3		0.2		76.1		—
Oil & Gas	71.6		67.6		4.0		—
Retail & Consumer	84.4		62.1		22.3		—
Other	181.6		100.1		81.5		—
Total direct sales	1,466.2		621.0		515.7		329.5
Distributors	60.2		32.1		21.7		6.4
Total	$	1,526.4	$	653.1	$	537.4	$	335.9
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the three-month period ended July 1, 2022 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	1,229.4	$	534.2	$	444.7	$	250.5
Sales of services	233.9		95.9		54.4		83.6
Total	$	1,463.3	$	630.1	$	499.1	$	334.1
Geographic:
United States	$	779.0	$	341.1	$	249.6	$	188.3
China	182.7		56.1		101.6		25.0
All other (each country individually less than 5% of total sales)	501.6		232.9		147.9		120.8
Total	$	1,463.3	$	630.1	$	499.1	$	334.1
End markets:(a)
Direct sales:
Healthcare	$	369.8	$	13.2	$	41.3	$	315.3
Industrial & Manufacturing	341.9		227.4		107.7		6.8
Utilities & Power	94.0		47.9		46.1		—
Government	110.1		60.5		41.4		8.2
Communications, Electronics & Semiconductor	102.1		26.3		75.4		0.4
Aerospace & Defense	64.7		0.2		64.5		—
Oil & Gas	68.6		65.8		2.8		—
Retail & Consumer	84.4		60.6		23.8		—
Other	158.5		90.1		68.4		—
Total direct sales	1,394.1		592.0		471.4		330.7
Distributors	69.2		38.1		27.7		3.4
Total	$	1,463.3	$	630.1	$	499.1	$	334.1
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the six-month period ended June 30, 2023 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	2,527.4	$	1,083.8	$	941.3	$	502.3
Sales of services	459.7		201.4		111.6		146.7
Total	$	2,987.1	$	1,285.2	$	1,052.9	$	649.0
Geographic:
United States	$	1,599.3	$	702.1	$	524.5	$	372.7
China	360.3		123.5		186.3		50.5
All other (each country individually less than 5% of total sales)	1,027.5		459.6		342.1		225.8
Total	$	2,987.1	$	1,285.2	$	1,052.9	$	649.0
End markets:(a)
Direct sales:
Healthcare	$	699.0	$	22.5	$	69.8	$	606.7
Industrial & Manufacturing	711.0		460.9		236.0		14.1
Utilities & Power	203.5		93.6		109.9		—
Government	244.0		139.0		87.9		17.1
Communications, Electronics & Semiconductor	203.3		48.9		153.0		1.4
Aerospace & Defense	143.9		0.3		143.6		—
Oil & Gas	141.9		133.5		8.4		—
Retail & Consumer	167.3		124.4		42.9		—
Other	351.7		195.1		156.6		—
Total direct sales	2,865.6		1,218.2		1,008.1		639.3
Distributors	121.5		67.0		44.8		9.7
Total	$	2,987.1	$	1,285.2	$	1,052.9	$	649.0
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.

Disaggregation of revenue for the six-month period ended July 1, 2022 is presented as follows ($ in millions):

	Total		Intelligent Operating Solutions		Precision Technologies		Advanced Healthcare Solutions
Sales:
Sales of products and software	$	2,382.1	$	1,034.7	$	855.3	$	492.1
Sales of services	457.7		183.0		106.2		168.5
Total	$	2,839.8	$	1,217.7	$	961.5	$	660.6
Geographic:
United States	$	1,518.9	$	663.0	$	483.6	$	372.3
China	328.1		104.0		170.9		53.2
All other (each country individually less than 5% of total sales)	992.8		450.7		307.0		235.1
Total	$	2,839.8	$	1,217.7	$	961.5	$	660.6
End markets:(a)
Direct sales:
Healthcare	$	723.1	$	23.5	$	78.4	$	621.2
Industrial & Manufacturing	663.8		438.5		211.4		13.9
Utilities & Power	180.3		90.9		89.4		—
Government	215.8		112.1		86.1		17.6
Communications, Electronics & Semiconductor	189.9		50.1		138.8		1.0
Aerospace & Defense	120.1		0.3		119.8		—
Oil & Gas	133.4		128.1		5.3		—
Retail & Consumer	165.6		124.3		41.3		—
Other	312.4		177.6		134.7		0.1
Total direct sales	2,704.4		1,145.4		905.2		653.8
Distributors	135.4		72.3		56.3		6.8
Total	$	2,839.8	$	1,217.7	$	961.5	$	660.6
(a) Direct sales by end market include sales made through third-party distributors where we have visibility into the end customer.